The cost of Freshfields Bruckhaus Deringer‘s restructuring has topped £55m, nearly 40 per cent more than was budgeted. The final price of the restructuring stood at £55m at the end of the 2006-07 financial year, rather than the £40m that had been forecast by the firm’s management. It is understood that the £15m excess came […]

DLA Piper plays pro bono role in Cutty Sark preservation” />DLA Piper has helped to secure a lease for the trust preserving the Cutty Sark in Greenwich, one of the world’s oldest ships and the only surviving ‘tea clipper’. The lease, finalised on 5 April, was negotiated with the London Borough of Greenwich in East […]

Herbert Smith is attempting to reverse the trend of corporatisation of law firms, with its management being decentralised and handed back to the partners. Senior partner David Gold wants to shift the firm’s managerial emphasis, with the onus for driving the firm forward moving away from him and onto every partner in the firm. Gold […]

Field Fisher Waterhouse (FFW) and SJ Berwin have clinched a new media client after raising Hammer Film Productions from the dead in a $50m (£325.24m) leveraged buy-in. FFW corporate partner Neil Foster advised the management on the fundraising for the buy-in, along with tax partner Graeme Nuttall. SJ Berwin partners Tim Johnson and Mark Sanders […]

Latest Briefings

By Karl Anders and Lucie Bryan On 6 April 2018 HMCTS publicly announced the launch of a new online service to allow members of the public and businesses to issue money claims, resolve disputes and access mediation via a new online claims service. Known as Civil Money Claims, and available for money claims with a […]

By Stuart McBride New guidance entitled “Dress codes and sex discrimination – what you need to know” was published by the Government Equalities Office last week. It follows the 2016 online petition started by a woman who was sent home from work when she refused to wear high heels. The petition led to a Parliamentary Enquiry […]

On 6 March 2017, in New York, delegations of both countries signed, before the United Nations’ Secretary-General and Portugal’s former Prime-Minister, António Guterres, the “Treaty Between the Democratic Republic of Timor-Leste and Australia Establishing Their Maritime Boundaries in the Timor Sea”. The new maritime boundaries between the two countries represent, after almost 50 years, Australian’s […]

Law No. 7/2018 was published on 2 March and created a legal regime for the conversion of unsubordinated credits into capital in commercial companies, or companies adopting a commercial form, incorporated under the Laws of Portugal. The new law entered into force on the day after its publication and clearly aims to provide an extrajudicial […]

Lithium minerals have seen a rise in demand and price since 2011, which became even greater in 2016, and the expectation is that this rise will continue along with the growing demand for electric vehicles. Lithium supply security has become a top priority for technology companies in the United States and Asia and, worldwide, lithium […]

24 May 201811:10

Recommended

The cost of Freshfields Bruckhaus Deringer‘s restructuring has topped £55m, nearly 40 per cent more than was budgeted. The final price of the restructuring stood at £55m at the end of the 2006-07 financial year, rather than the £40m that had been forecast by the firm’s management. It is understood that the £15m excess came […]

DLA Piper plays pro bono role in Cutty Sark preservation” />DLA Piper has helped to secure a lease for the trust preserving the Cutty Sark in Greenwich, one of the world’s oldest ships and the only surviving ‘tea clipper’. The lease, finalised on 5 April, was negotiated with the London Borough of Greenwich in East […]

Herbert Smith is attempting to reverse the trend of corporatisation of law firms, with its management being decentralised and handed back to the partners. Senior partner David Gold wants to shift the firm’s managerial emphasis, with the onus for driving the firm forward moving away from him and onto every partner in the firm. Gold […]

Field Fisher Waterhouse (FFW) and SJ Berwin have clinched a new media client after raising Hammer Film Productions from the dead in a $50m (£325.24m) leveraged buy-in. FFW corporate partner Neil Foster advised the management on the fundraising for the buy-in, along with tax partner Graeme Nuttall. SJ Berwin partners Tim Johnson and Mark Sanders […]

Congratulations to the boys from One Essex Court, who just edged out Blackstone Chambers on penalties in the final of this year’s Clerk’s Cup. This was the third year of the clerks’ tournament, an annual event organised by Serle Court, which follows the Serle Court Cup (this year won by a team from Field Fisher […]

14 May 200700:18

Recent news

Clifford Chance has refocused its global innovation strategy around expanding on its network of innovation and delivery hubs around the world, The Lawyer can reveal. The hubs in Singapore, New York, Dubai and London will focus on key innovation points for the firm and will work alongside resource management, pricing and pitching support teams as well as assisting […]

Linklaters heavyweight M&A partner Roger Barron is exiting the firm after 17 years to join Paul Hastings in London. This move comes exactly a week after Paul Hastings announced the hire of DLA Piper partner Anu Balasubramanian. Barron featured in The Lawyer Hot 100 2018, sealing his place in this year’s Hot 100 following his work closing […]

A team of 15 lawyers across four different Norton Rose Fulbright offices in the US have decamped to join Reed Smith. The team includes global head of life sciences and healthcare Rick Robinson, Washington partner Lesley Reynolds, Austin partners Jeff Layne and Ben Koplin and New York partner Cori Goldberg. Two Norton Rose associates, Washington […]

Clifford Chance is searching for its first global head of inclusion and diversity, just a few weeks after the firm revealed a 66 per cent pay gap in its gender pay gap reporting. Clifford Chance’s new global head of diversity and strategy will be based in any of the firm’s 32 worldwide offices, and will work […]

Addleshaw Goddard has called on Clyde & Co to defend the firm over advice given to big four accountancy firm Deloitte by its Scottish arm, legacy HBJ Gateley, before its 2017 merger. Deloitte was originally drafted in during the collapse of a caravan park business owned by the now-defunct Scottish business Arthur Holgate & Son, […]

DWF asked equity partnership for a raise in capital contributions for the first time in seven years, The Lawyer has learned. The call for further contributions was made towards the end of 2017, though fixed share partners were exempt, CEO and managing partner Andrew Leaitherland told The Lawyer. A series of conversations between the firm’s management and fixed-share partners […]